Shree KrishnaUnder Construction in Powai
📍 Passpoli, Aarey Road, Powai · by Shree Housing
Shree Krishna is a under construction residential project by Shree Housing at Passpoli, Aarey Road, Powai. The configurations on record are 1 & 2 BHK of 431 and 610 sq ft carpet. This page is Real Estate Mumbai's read on Shree Krishna against the resale and rental market in Powai — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Shree Krishna would rent for
Powai has 677 live rentals on Real Estate Mumbai today, at a median of ₹1.25 L a month — about ₹142 per sq ft of carpet a month (middle half ₹120–₹177).
At today's rates that makes a 431 sq ft 1 BHK roughly ₹61,202 a month and a 610 sq ft 2 BHK roughly ₹82,350 a month.
At ₹24,800 per sq ft, that is a gross rental yield of about 6.5% to 6.9% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Powai rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 BHK | 431 sq ft | ₹142/sq ft/mo (677 live) | ≈ ₹61,202/mo | ~6.9% |
| 2 BHK | 610 sq ft | ₹135/sq ft/mo (279 live) | ≈ ₹82,350/mo | ~6.5% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Powai on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Shree Krishna competes with
775 resale homes are on the market in Powai right now, median ₹3.4 Cr at ₹41,797 per sq ft; the middle half asks ₹36,280–₹49,785. Listings are on average 28 days old.
Shree Krishna prices at ₹24,800 per sq ft — 41% below the resale median and below most of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
For scale, 4 BHK resale in Powai asks a median ₹46,559 per sq ft (60 live).
Where Powai prices are moving
Real Estate Mumbai's Powai price index reads 101.6 for Sep 2026 (base 100), a median asking ₹42,671 per sq ft across 784 listings, up 0.7% on the month. By configuration: 1 BHK ₹40,000, 2 BHK ₹40,716, 3 BHK ₹41,892, 4 BHK+ ₹48,076 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Sep 2026 | ₹42,671 | 101.6 | +0.7% | 784 |
| Aug 2026 | ₹42,388 | 101.0 | +1.0% | 654 |
| Jul 2026 | ₹41,989 | 100.0 | — | 617 |
Real Estate Mumbai price index, computed monthly from live asking prices in Powai (base 100). Asking, not registered, prices.
Shree Krishna on MahaRERA — what to check before you book
Shree Krishna is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Wing A | P51800045520 | Wing A · 23 fl, Wing B · 23 fl | 165 | — | Feb 2023 |
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Ready homes in Powai you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 1 BHK and larger first.
About Shree Krishna
Shree Krishna is a residential project located in Powai, Passpoli, Aarey Road. Currently under construction, the project offers 1 BHK, 2 BHK apartments with carpet areas ranging from 431 to 610 sq.ft, priced from ₹1.07 Cr All In. RERA registered (P51800045520). Amenities include Swimming Pool, Kids Play Area, Garden, Clubhouse, Indoor Games, Multipurpose Hall, Mini Theatre, Gymnasium, and more.
Amenities
Next steps — clarity before you step out
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Shree Krishna — the questions investors ask
What rent can a flat in Shree Krishna earn?
Is Shree Krishna priced above resale in Powai?
Are prices in Powai rising?
Is Shree Krishna MahaRERA registered?
What can I buy in Powai today instead?
How do I get the price list or a site visit for Shree Krishna?
Who is the builder of Shree Krishna?
What is the possession status of Shree Krishna?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 15 Sep 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Shree Krishna
Passpoli, Aarey Road, Powai · Shree Housing